Ethiopia’s travel and tourism economy grew by 48,6 percent in 2018, the largest of any country in the world, according to the World Travel & Tourism Council’s (WTTC) annual review of the economic impact and social importance of the sector.

Botswana’s travel and tourism economy grew 3,4 percent to exceed USD2,5 billion in 2018, and now contributes nearly one in every seven dollars in the country’s economy, according to the World Travel & Tourism Council (WTTC) annual review of the economic impact and social importance of the sector.

Travel and tourism in Africa is booming, growing 5,6 percent in 2018 compared to the global average of 3,9 percent and the broader African economy rate of 3,2 percent. This places Africa as the second-fastest growing tourism region behind only Asia-Pacific.

The World Travel & Tourism Council (WTTC) released its annual Cities Report at the WTTC Asia Leaders Forum in Macau, SAR. The Report covers 72 of the world’s most important tourism cities, which together generated over USD625 billion contribution to GDP in 2017 (24,3 percent of global Travel & Tourism GDP).

According to new research by World Travel & Tourism Council (WTTC), nearly one in 10 of all tourism investment US dollars will go into Association of Southeast Asian Nations (ASEAN) countries over the next 10 years.